us-legal-system-targets-indian-business-giant-with-deep-political-ties

US legal system targets Indian business giant with deep political ties

 • 843 views

US prosecutors filed serious allegations against one of Indias most influential businessmen. The case touches not just commerce but reaches into highest levels of Indian political power

US Department of Justice on Nov 20th made a significant move - bringing charges of fraud nʼ bribery against Gautam Adani‚ whos not just a regular business-person but a key figure in Indian policy-making (both inside and outside the country)

The mega-rich businessman has become a real power-player: traveling side-by-side with Prime Minister Narendra Modi on international trips and setting-up big infrastructure projects with countries that India wants as friends; from nearby Sri-Lanka to far-away Israel

At home Adani follows governments lead in many ways:

  • Supporting green energy programs
  • Helping with local manufacturing growth
  • Building connections between political groups
  • Making deals that match Indian foreign policy

The businessmanʼs success story got so big that many Indians see his companys growth as proof that their country is doing well - its like hes become a symbol of modern India (even though some people dont agree with this view)

Popular

News by theme